Due to a rebound in retail this year, Kohl’s Corporation (NYSE:) has seen its stock rise by over 35% for the year. This company has seen a rise in retail traffic and increased corporate initis. The stock remains highly undervalued. Investors should still take a closer look at it.Kohl’s Corporation (KSS) is a U.S.-based department store chain that operates over 1,100 department stores in 49 states. It sells affordable private-label as well as national brand clothes, shoes, accessories and furniture. The company also has an online store that offers a wider product range and twelve Fila apparel outlets.

A strategic initiative launched by management last fall to improve sales and grow its operating margin has resulted in the company’s success. This plan is focused on four key areas. They include driving sales growth and expanding their operating margin. They also implement disciplined capital management and foster an inclusive and accountable culture.

KSS hopes to be the trusted retail partner for activewear, thereby driving revenue growth. It is on track for a 30% increase in its Active and outdoor segment. It’s also trying to spur growth in its women’s business, and establish a significant beauty company. The latter should be possible thanks to its recent partnership with Sephora.

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